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RamboLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 03:20 PM
Original message
Bush's Budget for 2005 Seeks to Rein In Domestic Costs
http://www.nytimes.com/2004/01/04/politics/04BUDG.html?hp

Facing a record budget deficit, Bush administration officials say they have drafted an election-year budget that will rein in the growth of domestic spending without alienating politically influential constituencies.

They said the president's proposed budget for the 2005 fiscal year, which begins Oct. 1, would control the rising cost of housing vouchers for the poor, require some veterans to pay more for health care, slow the growth in spending on biomedical research and merge or eliminate some job training and employment programs. The moves are intended to trim the programs without damaging any essential services, the administration said.

Even with the improving economic outlook, administration officials said, the federal budget deficit in the current fiscal year is likely to exceed last year's deficit of $374 billion, the largest on record.

The Congressional Budget Office and the White House budget office have projected a deficit of more than $450 billion this year.

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baggypants Donating Member (44 posts) Send PM | Profile | Ignore Sat Jan-03-04 03:23 PM
Response to Original message
1. I think I just got sick
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Rose Siding Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 03:24 PM
Response to Original message
2. If a dem can't run against THAT
we're just no damn good, anyway.

The poor, the sick and veterans may not be "influential constituencies" but there are a lot of human beings left on the voter rolls and they won't like this one bit....er, we won't...
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 03:25 PM
Response to Original message
3. Research is spending money to make money.
Gonna slow us back to ancient Rome, is BushCo. They had slaves to do the work, right?

Innovation ain't necessary when people are cheap and replaceable.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 03:28 PM
Response to Original message
4. Is SS on teh block already
Edited on Sat Jan-03-04 03:37 PM by nadinbrzezinski
I thought they were going to wait until AFTER the election

The train wreck is really out of control..

(no I have not read the damn thing but I can read bewteen the lines, will read now)

And after reading, when is Wall Street Crashing, little hoover will not be able to hold off until AFTER the election folks

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The Zanti Regent Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 04:35 PM
Response to Reply #4
8. Do the math
Social Security and Medicare will be unable to pay full benefits by 2006.

Just do the math, and don't foget to beg for help at the church of your choice!
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 05:21 PM
Response to Reply #8
11. Yep, which in busnomomics
is exactly planned

But Texas went off the deep end AFTER BUSH left

Not while he was still in office (assuming the worst here, he gets
elected)

Next President will have a lot of work to do, in order to return the country to fiscal sanity

Oh and by the way... we will nto be able to afford guns and bullets either... aka the military is going to go lean, due to lack of funds.

Jackson did the same, he bankrupted teh country to avoid a national bank, then he learned he could not afford anything else... and that led to to a Depresion
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Faygo Kid Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 03:48 PM
Response to Original message
5. Here it comes: "Starve the Beast"
One of the linchpins of the Bush neocon dream: Destroy the social safety net by running up impossible deficits coupled with tax cuts for the rich that will assure that programs can't (or won't) be funded. Too obvious to comment further.
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schultzee Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 07:47 PM
Response to Reply #5
14. He created the deficit so he could tear down the middle and
lower classes. This man is not a human being.
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ozymandius Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 03:57 PM
Response to Original message
6. It's just about politics isn't it?
without alienating politically influential constituencies

Bush has not stopped running for re-election since he was appointed president. His entire term has resonated with a consistent theme of pandering to his base and preaching the deceptive policies of compassionate conservatism. So here we go again.
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jamesinca Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 04:33 PM
Response to Original message
7. Notice the politically influential will not be alienated
That sounds like a call for the poor, destitute, underserved and down-trodden to rise up and vote. That will make them politically influential and then they will not be alienated. He is calling for more tax breaks and is projecting budget shortfalls, why? He is looking at giving more tax breaks to corporations because he feels that it will be reinvested into the U.S. and help the economy, Reagan proved that crap did not work for 8 years! They don't hate us for our freedoms Bush does!!

More from the article:

<SNIP>

The Congressional Budget Office and the White House budget office have projected a deficit of more than $450 billion this year.(That is fiscally conservative if I ever saw it)

But Joshua B. Bolten, director of the White House Office of Management and Budget, has said the president's policies will cut the deficit in half within five years, through a combination of economic growth and fiscal restraint.( I wonder if this set of tax cuts will have the job growth that was promised in the last two)

Mr. Bush's budget request, to be sent to Congress by Feb. 2, includes several tax cut proposals, including new incentives for individual saving and tax credits to help uninsured people buy health insurance. The Democratic candidates for president have accused Mr. Bush of doing little to halt the recent rapid increase in the number of uninsured. (If he holds true to his programs funding, his tax credit will not be enough to offset the cost of the insurance. Hence less federal money coming in and not enough to buy insurance anyway.)

<SNIP>

As he completes work on his budget, Mr. Bush faces criticism from conservatives, who say he has presided over a big increase in federal spending, and liberals, who say his tax cuts have converted a large budget surplus to a deficit.

Total federal revenues have declined for three consecutive years, apparently the first time that has happened since the early 1920's. But in those years, from 2000 to 2003, total federal spending has increased slightly more than 20 percent, to $2.16 trillion last year.


<SNIP>

Such spending, they say, will increase 3 percent in 2004, after increases of 5 percent in 2003, 6 percent in 2002 and 15 percent in 2001. Moreover, they say, increased corporate profits should lead to an increase in corporate tax payments, lifting revenues in the coming years.

<SNIP>
"The increases for defense, international affairs and homeland security have been much greater — and thus have played a much larger role in the return to deficits — than the increases for domestic appropriations," Mr. Kogan said.

Housing officials said the administration was alarmed at increases in the cost of vouchers, which provide rental assistance to low-income families, and would take steps to prevent local housing agencies from issuing more vouchers than Congress had authorized. Congress has tentatively decided to provide $14.2 billion for renewal of vouchers this year, an increase of about 15 percent.
( He is allowing a 3% increase in spending, but right here is a 15%increase, is this plan already underfunding things before it is even passed?)

Federal officials said they would also require families seeking housing aid to help the government obtain more accurate information on their earnings. As a condition of receiving aid, families would have to consent to the disclosure of income data reported to a national directory of newly hired employees. The directory was created under a 1996 law to help enforce child-support obligations.

Administration officials said the president's budget would also slow the growth of spending at the National Institutes of Health, which doubled in the last five years, reaching $27.1 billion in 2003. Congress has tentatively agreed to provide $28 billion this year, slightly more than Mr. Bush requested, and administration officials said they would seek an increase of 3 percent or less for 2005.

<SNIP>

Mr. Bush proposed last year to double co-payments on prescription drugs for many veterans, primarily those with higher incomes and no service-connected disabilities. The White House reaffirmed its support for that proposal in November. ( The AWOL SOB hates the military)

In the last week, the Pentagon has been considering a new proposal to increase pharmacy co-payments for retirees with at least 20 years of military service. Under the proposal, the charge for a generic drug would rise to $10, from $3, while the charge for a brand-name medicine would rise to $20, from $9.

The Military Officers Association of America criticized this as "a grossly insensitive and wrong-headed proposal." In e-mail messages to the White House, members of the association asked Mr. Bush, "Why do your budget officials persist in trying to cut military benefits?"
( the honorable Gen. Clark has said this already, and it needs to be shoved down Bushes throat by all of the candidates)
<SNIP>

Administration officials said they expected Mr. Bush to seek increases of $1 billion, or 10 percent, for the education of children with disabilities and $1 billion, or 8 percent, in Title I grants for schools with high concentrations of students from low-income families. (This is already underfunded anyway, 8-10% will not even bridge the gap, it is barely off setting the cost increase of these programs and the growing numbers enrolled in them)

Budget officials said they were concerned that they did not have enough money for Pell grants to keep pace with a recent surge in low-income students seeking help with college costs. They said Mr. Bush would address that problem in some way, without seeking an increase in the maximum grant, now $4,050. ( College edumacation will only be for the rich, I guess he did not want to alienate the politically influential again.)

The budget also seeks money to train more nurses, to encourage sexual abstinence among teenagers and to recruit "volunteers in homeland security," who can respond to emergencies, including terrorist attacks.
(He wants sexual abstinence to be taught, it has been shown to not work, and he wants people to volunteer to go to terroist attacks. Give me a break, I would never show up at a chemical or biological scene unless I had formal training in it, not ever as a volunteer!! Another thing for the SOB, I thought we were safer why do we need an increase in Homeland Security?)
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neverforget Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 04:38 PM
Response to Original message
9. With all this money he'll be saving from the poor he can give another
tax cut to his rich buds. :grr:
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 04:47 PM
Response to Original message
10. all this to give money to wealthy people
is this what Jesus would do? I am disgusted.
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schultzee Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 07:26 PM
Response to Original message
12. He is intentionally impoverishing the middle class and his huge
deficit created by a tax cut to pigs who did not need it, was planned because the deficit would offer a rational to cut spending on middle class and programs for the poor. He is the most inhumane, uncompassionate, unempathitic president that we have ever had. God Bless America, God bles the troops, And God please privatize GW Bush.
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teach1st Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 07:30 PM
Response to Reply #12
13. Yes, please.
God please privatize GW Bush

I'd like to see that on a bumper sticker.
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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 11:24 PM
Response to Original message
15. Quite a domestic agenda
It is hard to believe he could win a fair election running on that platform.
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